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State Tax Filing Forms

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State Tax Filing Forms

State tax filing forms 5. State tax filing forms   Credits Table of Contents Credit for the Elderly or the DisabledCan You Take the Credit? Figuring the Credit Child and Dependent Care Credit Earned Income Credit (EIC)Do You Qualify for the Earned Income Credit (EIC)? Figuring the EIC This chapter briefly discusses the credit for the elderly or disabled, the child and dependent care credit, and the earned income credit. State tax filing forms You may be able to reduce your federal income tax by claiming one or more of these credits. State tax filing forms Credit for the Elderly or the Disabled This section explains who qualifies for the credit for the elderly or the disabled and how to figure this credit. State tax filing forms For more information, see Publication 524, Credit for the Elderly or the Disabled. State tax filing forms You can take the credit only if you file Form 1040 or Form 1040A. State tax filing forms You cannot take the credit if you file Form 1040EZ or Form 1040NR. State tax filing forms Can You Take the Credit? You can take the credit for the elderly or the disabled if you meet both of the following requirements. State tax filing forms You are a qualified individual. State tax filing forms Your income is not more than certain limits. State tax filing forms  You can use Figure 5-A and Figure 5-B as guides to see if you are eligible for the credit. State tax filing forms   Qualified Individual You are a qualified individual for this credit if you are a U. State tax filing forms S. State tax filing forms citizen or resident alien, and either of the following applies. State tax filing forms You were age 65 or older at the end of 2013. State tax filing forms You were under age 65 at the end of 2013 and all three of the following statements are true. State tax filing forms You retired on permanent and total disability (explained later). State tax filing forms You received taxable disability income for 2013. State tax filing forms On January 1, 2013, you had not reached mandatory retirement age (defined later under Disability income ). State tax filing forms Age 65. State tax filing forms You are considered to be age 65 on the day before your 65th birthday. State tax filing forms Therefore, you are considered to be age 65 at the end of 2013 if you were born before January 2, 1949. State tax filing forms Figure 5-A. State tax filing forms Are You a Qualified Individual? This image is too large to be displayed in the current screen. State tax filing forms Please click the link to view the image. State tax filing forms Figure 5-A, Are you a qualified individual? U. State tax filing forms S. State tax filing forms citizen or resident alien. State tax filing forms   You must be a U. State tax filing forms S. State tax filing forms citizen or resident alien (or be treated as a resident alien) to take the credit. State tax filing forms Generally, you cannot take the credit if you were a nonresident alien at any time during the tax year. State tax filing forms Exceptions. State tax filing forms   You may be able to take the credit if you are a nonresident alien who is married to a U. State tax filing forms S. State tax filing forms citizen or resident alien at the end of the tax year and you and your spouse choose to treat you as a U. State tax filing forms S. State tax filing forms resident alien. State tax filing forms If you make that choice, both you and your spouse are taxed on your worldwide income. State tax filing forms   If you were a nonresident alien at the beginning of the year and a resident alien at the end of the year, and you were married to a U. State tax filing forms S. State tax filing forms citizen or resident alien at the end of the year, you may be able to choose to be treated as a U. State tax filing forms S. State tax filing forms resident alien for the entire year. State tax filing forms In that case, you may be allowed to take the credit. State tax filing forms   For information on these choices, see chapter 1 of Publication 519, U. State tax filing forms S. State tax filing forms Tax Guide for Aliens. State tax filing forms Married persons. State tax filing forms   Generally, if you are married at the end of the tax year, you and your spouse must file a joint return to take the credit. State tax filing forms However, if you and your spouse did not live in the same household at any time during the tax year, you can file either a joint return or separate returns and still take the credit. State tax filing forms Head of household. State tax filing forms   You can file as head of household and qualify to take the credit even if your spouse lived with you during the first 6 months of the year if you meet certain tests. State tax filing forms See Publication 524 and Publication 501. State tax filing forms Under age 65. State tax filing forms   If you are under age 65 at the end of 2013, you can qualify for the credit only if you are retired on permanent and total disability and have taxable disability income (discussed later under Disability income ). State tax filing forms You are considered to be under age 65 at the end of 2013 if you were born after January 1, 1949. State tax filing forms You are retired on permanent and total disability if: You were permanently and totally disabled when you retired, and You retired on disability before the end of the tax year. State tax filing forms   Even if you do not retire formally, you may be considered retired on disability when you have stopped working because of your disability. State tax filing forms If you retired on disability before 1977 and were not permanently and totally disabled at the time, you can qualify for the credit if you were permanently and totally disabled on January 1, 1976, or January 1, 1977. State tax filing forms Permanent and total disability. State tax filing forms   You are permanently and totally disabled if you cannot engage in any substantial gainful activity because of your physical or mental condition. State tax filing forms A physician must certify that the condition has lasted or can be expected to last continuously for 12 months or more, or that the condition can be expected to result in death. State tax filing forms See Physician's statement , later. State tax filing forms Substantial gainful activity. State tax filing forms   Substantial gainful activity is the performance of significant duties over a reasonable period of time while working for pay or profit, or in work generally done for pay or profit. State tax filing forms   Full-time work (or part-time work done at the employer's convenience) in a competitive work situation for at least the minimum wage conclusively shows that you are able to engage in substantial gainful activity. State tax filing forms   Substantial gainful activity is not work you do to take care of yourself or your home. State tax filing forms It is not unpaid work on hobbies, institutional therapy or training, school attendance, clubs, social programs, and similar activities. State tax filing forms However, doing this kind of work may show that you are able to engage in substantial gainful activity. State tax filing forms    Figure 5-B. State tax filing forms Income Limits IF your filing status is. State tax filing forms . State tax filing forms . State tax filing forms THEN even if you qualify (see Figure 5-A), you CANNOT take the credit if: Your adjusted gross income (AGI)* is equal to or more than. State tax filing forms . State tax filing forms . State tax filing forms OR the total of your nontaxable social security and other nontaxable pension(s), annuities, or disability income is equal to or more than. State tax filing forms . State tax filing forms . State tax filing forms single, head of household, or qualifying widow(er) with dependent child $17,500 $5,000 married filing jointly and only one spouse qualifies in Figure 5-A $20,000 $5,000 married filing jointly and both spouses qualify in Figure 5-A $25,000 $7,500 married filing separately and you lived apart from your spouse for all of 2013 $12,500 $3,750 *AGI is the amount on Form 1040A, line 22, or Form 1040, line 38      The fact that you have not worked for some time is not, of itself, conclusive evidence that you cannot engage in substantial gainful activity. State tax filing forms Physician's statement. State tax filing forms   If you are under age 65, you must have your physician complete a statement certifying that you were permanently and totally disabled on the date you retired. State tax filing forms   You do not have to file this statement with your tax return, but you must keep it for your records. State tax filing forms The Instructions for Schedule R (Form 1040A or 1040) include a statement your physician can complete and that you can keep for your records. State tax filing forms Veterans. State tax filing forms   If the Department of Veterans Affairs (VA) certifies that you are permanently and totally disabled, you can substitute VA Form 21-0172, Certification of Permanent and Total Disability, for the physician's statement you are required to keep. State tax filing forms VA Form 21-0172 must be signed by a person authorized by the VA to do so. State tax filing forms You can get this form from your local VA regional office. State tax filing forms Physician's statement obtained in earlier year. State tax filing forms   If you got a physician's statement in an earlier year and, due to your continued disabled condition, you were unable to engage in any substantial gainful activity during 2013, you may not need to get another physician's statement for 2013. State tax filing forms For a detailed explanation of the conditions you must meet, see the instructions for Schedule R (Form 1040A or 1040), Part II. State tax filing forms If you meet the required conditions, you must check the box on Schedule R (Form 1040A or 1040), Part II, line 2. State tax filing forms   If you checked Schedule R (Form 1040A or 1040), Part I, box 4, 5, or 6, print in the space above the box in Part II, line 2, the first name(s) of the spouse(s) for whom the box is checked. State tax filing forms Disability income. State tax filing forms   If you are under age 65, you must also have taxable disability income to qualify for the credit. State tax filing forms   Disability income must meet the following two requirements. State tax filing forms It must be paid under your employer's accident or health plan or pension plan. State tax filing forms It must be included in your income as wages (or payments in lieu of wages) for the time you are absent from work because of permanent and total disability. State tax filing forms Payments that are not disability income. State tax filing forms   Any payment you receive from a plan that does not provide for disability retirement is not disability income. State tax filing forms Any lump-sum payment for accrued annual leave that you receive when you retire on disability is a salary payment and is not disability income. State tax filing forms   For purposes of the credit for the elderly or the disabled, disability income does not include amounts you receive after you reach mandatory retirement age. State tax filing forms Mandatory retirement age is the age set by your employer at which you would have had to retire had you not become disabled. State tax filing forms Figuring the Credit You can figure the credit yourself, or the IRS will figure it for you. State tax filing forms Figuring the credit yourself. State tax filing forms   If you figure the credit yourself, fill out the front of Schedule R (Form 1040A or 1040). State tax filing forms Next, fill out Schedule R (Form 1040A or 1040), Part III. State tax filing forms Credit figured for you. State tax filing forms   If you can take the credit and you want the IRS to figure the credit for you, see Publication 524 or the Instructions for Schedule R (Form 1040A or 1040). State tax filing forms If you want the IRS to figure your tax, see chapter 30 of Publication 17, Your Federal Income Tax. State tax filing forms Child and Dependent Care Credit You may be able to claim this credit if you pay someone to care for your dependent who is under age 13 or for your spouse or dependent who is not able to care for himself or herself. State tax filing forms The credit can be up to 35% of your expenses. State tax filing forms To qualify, you must pay these expenses so you can work or look for work. State tax filing forms If you claim this credit, you must include on your return the name and taxpayer identification number (generally the social security number) of each qualifying person for whom care is provided. State tax filing forms If the correct information is not shown, the credit may be reduced or disallowed. State tax filing forms You also must show on your return the name, address, and the taxpayer identification number of the person(s) or organization(s) that provided the care. State tax filing forms For more information, see Publication 503, Child and Dependent Care Expenses. State tax filing forms Earned Income Credit (EIC) The earned income credit (EIC) is a refundable tax credit for certain people who work and have earned income under $51,567. State tax filing forms The EIC is available to persons with or without a qualifying child. State tax filing forms Credit has no effect on certain welfare benefits. State tax filing forms   Any refund you receive because of the EIC cannot be counted as income when determining whether you or anyone else is eligible for benefits or assistance, or how much you or anyone else can receive, under any federal program or under any state or local program financed in whole or in part with federal funds. State tax filing forms These programs include the following. State tax filing forms Medicaid and supplemental security income (SSI). State tax filing forms Supplemental Nutrition Assistance Program (food stamps). State tax filing forms Low-income housing. State tax filing forms Temporary Assistance for Needy Families (TANF). State tax filing forms  In addition, when determining eligibility, the refund cannot be counted as a resource for at least 12 months after you receive it. State tax filing forms Check with your local benefit coordinator to find out if your refund will affect your benefits. State tax filing forms Do You Qualify for the Earned Income Credit (EIC)? Use Table 5-1 as an initial guide to the rules you must meet in order to qualify for the EIC. State tax filing forms The specific rules you must meet depend on whether you have a qualifying child. State tax filing forms If you have a qualifying child, the rules in Parts A, B, and D apply to you. State tax filing forms If you do not have a qualifying child, the rules in Parts A, C, and D apply to you. State tax filing forms  If, after reading all the rules in each part that applies to you, you think you may qualify for the credit, see Publication 596, Earned Income Credit, for more details about the EIC. State tax filing forms You can also find information about the EIC in the instructions for Form 1040 (line 64a), Form 1040A (line 38a), or Form 1040EZ (line 8a). State tax filing forms The sections that follow provide additional information for some of the rules. State tax filing forms Adjusted gross income (AGI). State tax filing forms   Under Rule 1, you cannot claim the EIC unless your AGI is less than the applicable limit shown in Part A of Table 5-1. State tax filing forms Your AGI is the amount on line 37 (Form 1040), line 21 (Form 1040A), or line 4 (Form 1040EZ). State tax filing forms Table 5-1. State tax filing forms Earned Income Credit (EIC) in a Nutshell First, you must meet all the rules in this column. State tax filing forms Second, you must meet all the rules in one of these columns, whichever applies. State tax filing forms Third, you must meet the rule in this column. State tax filing forms Part A. State tax filing forms  Rules for Everyone Part B. State tax filing forms  Rules If You Have a Qualifying Child Part C. State tax filing forms  Rules If You Do Not Have a Qualifying Child Part D. State tax filing forms  Figuring and Claiming the EIC 1. State tax filing forms Your adjusted gross income (AGI) must be less than: •$46,227 ($51,567 for married filing jointly) if you have three or more qualifying children, •$43,038 ($48,378 for married filing jointly) if you have two qualifying children, •$37,870 ($43,210 for married filing jointly) if you have one qualifying child, or  •$14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. State tax filing forms 2. State tax filing forms You must have a valid social security number. State tax filing forms  3. State tax filing forms Your filing status cannot be “Married filing separately. State tax filing forms ” 4. State tax filing forms You must be a U. State tax filing forms S. State tax filing forms citizen or resident alien all year. State tax filing forms  5. State tax filing forms You cannot file Form 2555 or Form 2555-EZ (relating to foreign earned income). State tax filing forms  6. State tax filing forms Your investment income must be $3,300 or less. State tax filing forms  7. State tax filing forms You must have earned income. State tax filing forms 8. State tax filing forms Your child must meet the relationship, age, residency, and joint return tests. State tax filing forms  9. State tax filing forms Your qualifying child cannot be used by more than one person to claim the EIC. State tax filing forms  10. State tax filing forms You generally cannot be a qualifying child of another person. State tax filing forms 11. State tax filing forms You must be at least age 25 but under age 65. State tax filing forms  12. State tax filing forms You cannot be the dependent of another person. State tax filing forms  13. State tax filing forms You generally cannot be a qualifying child of another person. State tax filing forms  14. State tax filing forms You must have lived in the United States more than half of the year. State tax filing forms 15. State tax filing forms Your earned income must be less than: •$46,227 ($51,567 for married filing jointly) if you have three or more qualifying children, •$43,038 ($48,378 for married filing jointly) if you have two qualifying children, •$37,870 ($43,210 for married filing jointly) if you have one qualifying child, or •$14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. State tax filing forms Social security number. State tax filing forms   Under Rule 2, you (and your spouse if you are married filing jointly) must have a valid social security number (SSN) issued by the Social Security Administration (SSA). State tax filing forms Any qualifying child listed on Schedule EIC also must have a valid SSN. State tax filing forms (See Qualifying child , later, if you have a qualifying child. State tax filing forms )   If your social security card (or your spouse's if you are married filing jointly) says “Not valid for employment” and your SSN was issued so that you (or your spouse) could get a federally funded benefit, you cannot get the EIC. State tax filing forms An example of a federally funded benefit is Medicaid. State tax filing forms Investment income. State tax filing forms   Under Rule 6, you cannot claim the EIC unless your investment income is $3,300 or less. State tax filing forms If your investment income is more than $3,300, you cannot claim the credit. State tax filing forms For most people, investment income is the total of the following amounts. State tax filing forms Taxable interest (line 8a of Form 1040 or 1040A). State tax filing forms Tax-exempt interest (line 8b of Form 1040 or 1040A). State tax filing forms Dividend income (line 9a of Form 1040 or 1040A). State tax filing forms Capital gain net income (line 13 of Form 1040, if more than zero, or line 10 of Form 1040A). State tax filing forms  If you file Form 1040EZ, your investment income is the total of the amount of line 2 and the amount of any tax-exempt interest you wrote to the right of the words “Form 1040EZ” on line 2. State tax filing forms   For more information about investment income, see Publication 596, Earned Income Credit. State tax filing forms Earned income. State tax filing forms   Under Rule 7, you must have earned income to claim the EIC. State tax filing forms Under Rule 15, you cannot claim the EIC unless your earned income is less than the applicable limit shown in Table 5-1, Part D. State tax filing forms Earned income includes all of the following types of income. State tax filing forms Wages, salaries, tips, and other taxable employee pay. State tax filing forms Employee pay is earned income only if it is taxable. State tax filing forms Nontaxable employee pay, such as certain dependent care benefits and adoption benefits, is not earned income. State tax filing forms But there is an exception for nontaxable combat pay, which you can choose to include in earned income. State tax filing forms Net earnings from self-employment. State tax filing forms Gross income received as a statutory employee. State tax filing forms Gross income defined. State tax filing forms   Gross income means all income you received in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside the United States or from the sale of your main home (even if you can exclude part or all of it). State tax filing forms Do not include any social security benefits unless (a) you are married filing a separate tax return and you lived with your spouse at any time in 2013, or (b) one-half of your social security benefits plus your other gross income and any tax-exempt interest is more than $25,000 ($32,000 if married filing jointly). State tax filing forms If (a) or (b) applies, see the instructions for Form 1040, lines 20a and 20b to figure the taxable part of social security benefits you must include in gross income. State tax filing forms Self-employed persons. State tax filing forms   If you are self-employed and your net earnings are $400 or more, be sure to correctly fill out Schedule SE (Form 1040), Self-Employment Tax, and pay the proper amount of self-employment tax. State tax filing forms If you do not, you may not get all the credit to which you are entitled. State tax filing forms Disability benefits. State tax filing forms   If you retired on disability, taxable benefits you receive under your employer's disability retirement plan are considered earned income until you reach minimum retirement age. State tax filing forms Minimum retirement age generally is the earliest age at which you could have received a pension or annuity if you were not disabled. State tax filing forms Beginning on the day after you reach minimum retirement age, payments you receive are taxable as a pension and are not considered earned income. State tax filing forms   Payments you received from a disability insurance policy that you paid the premiums for are not earned income. State tax filing forms It does not matter whether you have reached minimum retirement age. State tax filing forms If this policy is through your employer, the amount may be shown in box 12 of your Form W-2 with code J. State tax filing forms Income that is not earned income. State tax filing forms   Examples of items that are not earned income under Rule 7 include interest and dividends, pensions and annuities, social security and railroad retirement benefits (including disability benefits — except for payments covered under Disability benefits earlier), alimony and child support, welfare benefits, workers' compensation benefits, unemployment compensation (insurance), nontaxable foster care payments, and veterans' benefits, including VA rehabilitation payments. State tax filing forms Do not include any of these items in your earned income. State tax filing forms Workfare payments. State tax filing forms   Nontaxable workfare payments are not earned income for the EIC. State tax filing forms These are cash payments certain people receive from a state or local agency that administers public assistance programs funded under the federal Temporary Assistance for Needy Families (TANF) program in return for certain work activities such as (1) work experience activities (including remodeling or repairing public housing) if sufficient private sector employment is not available, or (2) community service program activities. State tax filing forms Qualifying child. State tax filing forms   Under Rule 8, your child is a qualifying child if your child meets four tests. State tax filing forms The four tests are: Relationship, Age, Residency, and Joint return. State tax filing forms   The four tests are illustrated in Figure 5-C. State tax filing forms See Publication 596 for more information about each test. State tax filing forms Figure 5-C. State tax filing forms Tests for Qualifying Child A qualifying child for the EIC is a child who is your. State tax filing forms . State tax filing forms . State tax filing forms Son, daughter, stepchild, foster child,  or a descendant of any of them (for example, your grandchild) OR Brother, sister, half brother, half sister, stepbrother,  stepsister, or a descendant of any of them (for example, your  niece or nephew) was . State tax filing forms . State tax filing forms . State tax filing forms Under age 19 at the end of 2013 and younger than you (or your spouse if filing jointly) OR Under age 24 at the end of 2013, a student, and younger than you (or your spouse if filing jointly) OR Permanently and totally disabled at any time during the year, regardless of age who. State tax filing forms . State tax filing forms . State tax filing forms Is not filing a joint return for 2013  (or is filing a joint return for 2013 only as a claim for refund of income tax withheld or estimated tax paid) who. State tax filing forms . State tax filing forms . State tax filing forms Lived with you in the United States for more than half of 2013. State tax filing forms  If the child did not live with you for the required time, see Publication 596 for more information. State tax filing forms Figuring the EIC To figure the amount of your credit, you have two choices. State tax filing forms Have the IRS figure the EIC for you. State tax filing forms If you want to do this, see IRS Will Figure the EIC for You in Publication 596. State tax filing forms Figure the EIC yourself. State tax filing forms If you want to do this, see How To Figure the EIC Yourself in Publication 596. State tax filing forms Prev  Up  Next   Home   More Online Publications
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Resolve Banking Problems

Beware: Fake Check Scams

Fake checks, including cashiers checks, can look so real even bank tellers can be fooled. However, just because you can withdraw the money, doesn't mean the check is good. Forgeries can take weeks to discover. You are responsible for the checks you deposit. If a check bounces, you owe the bank any money you withdrew. If someone wants to send you a check, insist on a cashier's check for the exact amount, preferably from a local bank or one with a branch in your area. Never accept a check and then agree to send a portion of the money back to the sender. For information or to report a scam, visit Federal Trade Commission.

Unsolicited Checks And Credit Offers

If you cash an unsolicited check you've received in the mail, you could be agreeing to pay for products or services you don't want or need, such as Internet access or membership in a web directory. In addition, those "guarantees" for credit cards or loans, regardless of credit history, are probably a scam. Legitimate lenders never guarantee credit. For information on how to identify fraudulent solicitations, contact the Federal Trade Commission.

Legitimate offers of credit often come in the form of "convenience checks", which credit card companies enclose with your monthly statement. However, these convenience checks may carry higher fees, a higher interest rate, and other restrictions. If you don't want the checks, be sure to shred them to protect yourself from dumpster divers and identity thieves.

Watch out for checks from someone in a foreign country claiming that you won a lottery, for an investment, or to pay for an item you sold online. This could be a scam. Even if you deposit the check, the check may not be legal. Don't rely on money from a check, especially foreign or unsolicited, until your bank says the check has cleared or if you know and trust the person who sent it to you.

Contact these Agencies to Solve Your Banking Problems 

 

Type of Institution Regulatory Agency
State chartered banks and trust companies that are NOT member of the Federal Reserve System Federal Deposit Insurance Corporation
State chartered banks and trust companies that are members of the Federal Reserve System Federal Reserve System
State chartered banks State Banking Authorities
Banks with National in the name or N.A. after the name Comptroller of the Currency, U.S. Department of the Treasury
Federal savings and loans and federal savings banks Comptroller of the Currency, U.S. Department of the Treasury
Federally chartered credit unions National Credit Union Administration

The State Tax Filing Forms

State tax filing forms 1. State tax filing forms   403(b) Plan Basics Table of Contents What Is a 403(b) Plan? What Are the Benefits of Contributing to a 403(b) Plan?Excluded. State tax filing forms Deducted. State tax filing forms Who Can Participate in a 403(b) Plan?Ministers. State tax filing forms Who Can Set Up a 403(b) Account? How Can Contributions Be Made to My 403(b) Account? Do I Report Contributions on My Tax Return? How Much Can Be Contributed to My 403(b) Account? This chapter introduces you to 403(b) plans and accounts. State tax filing forms Specifically, the chapter answers the following questions. State tax filing forms What is a 403(b) plan? What are the benefits of contributing to a 403(b) plan? Who can participate in a 403(b) plan? Who can set up a 403(b) account? How can contributions be made to my 403(b) account? Do I report contributions on my tax return? How much can be contributed to my 403(b) account? What Is a 403(b) Plan? A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. State tax filing forms Individual accounts in a 403(b) plan can be any of the following types. State tax filing forms An annuity contract, which is a contract provided through an insurance company, A custodial account, which is an account invested in mutual funds, or A retirement income account set up for church employees. State tax filing forms Generally, retirement income accounts can invest in either annuities or mutual funds. State tax filing forms We use the term “403(b) account” to refer to any one of these funding arrangements throughout this publication, unless otherwise specified. State tax filing forms What Are the Benefits of Contributing to a 403(b) Plan?  There are three benefits to contributing to a 403(b) plan. State tax filing forms The first benefit is that you do not pay income tax on allowable contributions until you begin making withdrawals from the plan, usually after you retire. State tax filing forms Allowable contributions to a 403(b) plan are either excluded or deducted from your income. State tax filing forms However, if your contributions are made to a Roth contribution program, this benefit does not apply. State tax filing forms Instead, you pay income tax on the contributions to the plan but distributions from the plan (if certain requirements are met) are tax free. State tax filing forms Note. State tax filing forms Generally, employees must pay social security and Medicare tax on their contributions to a 403(b) plan, including those made under a salary reduction agreement. State tax filing forms See chapter 4, Limit on Elective Deferrals , for more information. State tax filing forms The second benefit is that earnings and gains on amounts in your 403(b) account are not taxed until you withdraw them. State tax filing forms Earnings and gains on amounts in a Roth contribution program are not taxed if your withdrawals are qualified distributions. State tax filing forms Otherwise, they are taxed when you withdraw them. State tax filing forms The third benefit is that you may be eligible to take a credit for elective deferrals contributed to your 403(b) account. State tax filing forms See chapter 10, Retirement Savings Contributions Credit (Saver's Credit) . State tax filing forms Excluded. State tax filing forms   If an amount is excluded from your income, it is not included in your total wages on your Form W-2. State tax filing forms This means that you do not report the excluded amount on your tax return. State tax filing forms Deducted. State tax filing forms   If an amount is deducted from your income, it is included with your other wages on your Form W-2. State tax filing forms You report this amount on your tax return, but you are allowed to subtract it when figuring the amount of income on which you must pay tax. State tax filing forms Who Can Participate in a 403(b) Plan? Any eligible employee can participate in a 403(b) plan. State tax filing forms Eligible employees. State tax filing forms   The following employees are eligible to participate in a 403(b) plan. State tax filing forms Employees of tax-exempt organizations established under section 501(c)(3). State tax filing forms These organizations are usually referred to as section 501(c)(3) organizations or simply 501(c)(3) organizations. State tax filing forms Employees of public school systems who are involved in the day-to-day operations of a school. State tax filing forms Employees of cooperative hospital service organizations. State tax filing forms Civilian faculty and staff of the Uniformed Services University of the Health Sciences. State tax filing forms Employees of public school systems organized by Indian tribal governments. State tax filing forms Certain ministers (explained next). State tax filing forms Ministers. State tax filing forms   The following ministers are eligible employees for whom a 403(b) account can be established. State tax filing forms Ministers employed by section 501(c)(3) organizations. State tax filing forms Self-employed ministers. State tax filing forms A self-employed minister is treated as employed by a tax-exempt organization that is a qualified employer. State tax filing forms Ministers (chaplains) who meet both of the following requirements. State tax filing forms They are employed by organizations that are not section 501(c)(3) organizations. State tax filing forms They function as ministers in their day-to-day professional responsibilities with their employers. State tax filing forms   Throughout this publication, the term chaplain will be used to mean ministers described in the third category in the list above. State tax filing forms Example. State tax filing forms A minister employed as a chaplain by a state-run prison and a chaplain in the United States Armed Forces are eligible employees because their employers are not section 501(c)(3) organizations and they are employed as ministers. State tax filing forms Who Can Set Up a 403(b) Account? You cannot set up your own 403(b) account. State tax filing forms Only employers can set up 403(b) accounts. State tax filing forms A self-employed minister cannot set up a 403(b) account for his or her benefit. State tax filing forms If you are a self-employed minister, only the organization (denomination) with which you are associated can set up an account for your benefit. State tax filing forms How Can Contributions Be Made to My 403(b) Account? Generally, only your employer can make contributions to your 403(b) account. State tax filing forms However, some plans will allow you to make after-tax contributions (defined below). State tax filing forms The following types of contributions can be made to 403(b) accounts. State tax filing forms Elective deferrals . State tax filing forms These are contributions made under a salary reduction agreement. State tax filing forms This agreement allows your employer to withhold money from your paycheck to be contributed directly into a 403(b) account for your benefit. State tax filing forms Except for Roth contributions, you do not pay income tax on these contributions until you withdraw them from the account. State tax filing forms If your contributions are Roth contributions, you pay taxes on your contributions but any qualified distributions from your Roth account are tax free. State tax filing forms Nonelective contributions . State tax filing forms These are employer contributions that are not made under a salary reduction agreement. State tax filing forms Nonelective contributions include matching contributions, discretionary contributions, and mandatory contributions from your employer. State tax filing forms You do not pay income tax on these contributions until you withdraw them from the account. State tax filing forms After-tax contributions . State tax filing forms These are contributions (that are not Roth contributions) you make with funds that you must include in income on your tax return. State tax filing forms A salary payment on which income tax has been withheld is a source of these contributions. State tax filing forms If your plan allows you to make after-tax contributions, they are not excluded from income and you cannot deduct them on your tax return. State tax filing forms A combination of any of the three contribution types listed above. State tax filing forms Self-employed minister. State tax filing forms   If you are a self-employed minister, you are considered both an employee and an employer, and you can contribute to a retirement income account for your own benefit. State tax filing forms Do I Report Contributions on My Tax Return? Generally, you do not report contributions to your 403(b) account (except Roth contributions) on your tax return. State tax filing forms Your employer will report contributions on your 2013 Form W-2. State tax filing forms Elective deferrals will be shown in box 12 and the Retirement plan box will be checked in box 13. State tax filing forms If you are a self-employed minister or chaplain, see the discussions next. State tax filing forms Self-employed ministers. State tax filing forms   If you are a self-employed minister, you must report the total contributions as a deduction on your tax return. State tax filing forms Deduct your contributions on line 28 of the 2013 Form 1040. State tax filing forms Chaplains. State tax filing forms   If you are a chaplain and your employer does not exclude contributions made to your 403(b) account from your earned income, you may be able to take a deduction for those contributions on your tax return. State tax filing forms    However, if your employer has agreed to exclude the contributions from your earned income, you will not be allowed a deduction on your tax return. State tax filing forms   If you can take a deduction, include your contributions on line 36 of the 2013 Form 1040. State tax filing forms Enter the amount of your deduction and write “403(b)” on the dotted line next to line 36. State tax filing forms How Much Can Be Contributed to My 403(b) Account? There are limits on the amount of contributions that can be made to your 403(b) account each year. State tax filing forms If contributions made to your 403(b) account are more than these contribution limits, penalties may apply. State tax filing forms Chapters 2 through 6 provide information on how to determine the amount that can be contributed to your 403(b) account. State tax filing forms Worksheets are provided in Chapter 9 to help you determine the maximum amount that can be contributed to your 403(b) account each year. State tax filing forms Chapter 7, Excess Contributions , describes how to prevent excess contributions and how to get an excess contribution corrected. State tax filing forms Prev  Up  Next   Home   More Online Publications